Agenda item

Report from the Interim Director of Policy, Strategy and Engagement.

Recommendations:

That Cabinet:

1.    Endorse the projects for submission to South Yorkshire Mayoral Combined Authority for award of LGF for 2026/27 as follows:

a.    Local Business Support

                                      i.     £946,845 (£464,915 revenue and £481,930 capital) for sub-regional business support supporting three strands of Launchpad (start-up support), Productivity and Low Carbon.

                                     ii.     £666,655 (£110,000 revenue and £556,655 capital) for Shop Unit Grants.

                                   iii.     £60,000  to support Rotherham Town Centre Markets.

                                   iv.     £36,559 for Social Value to increase opportunities for local businesses.

b.    People and Skills

                                      i.     £441,203 for a skills programme incorporating Ambition (children and young people), Core Skills (community-delivered basic skills training) and Advance (support to progress in work.)

                                     ii.     £300,781 for Young People’s Skills Development.

c.     Communities and Place

                                      i.     £424,219 for Events, delivering a wide-ranging programme of civic and cultural events and festivals.

2.    Agrees to delegate authority to the Director of Policy, Strategy and Engagement, in consultation with the Leader of the Council, to determine revised and final allocations for the Local Growth Fund. This is to include provision for other eligible actions within the use of the fund should it not be possible to achieve full spend of the grant through the allocations above.